SHE:301090 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	1,278	979.24	2,273	1,771	2,567	1,597
Short-Term Investments	-	-	718.92	1,787	1,730	1,636
Trading Asset Securities	1,338	1,183	-	-	-	371.38
Cash & Short-Term Investments	2,616	2,162	2,992	3,558	4,297	3,604
Cash Growth	194.05%	-27.72%	-15.91%	-17.21%	19.22%	187.13%
Accounts Receivable	746.83	610.92	635.83	1,056	746.41	777.18
Other Receivables	28.38	44.58	23.98	21.43	55.54	22.23
Receivables	775.21	655.5	659.81	1,077	801.95	799.41
Inventory	1,270	1,274	2,033	2,814	2,263	1,519
Prepaid Expenses	-	2.75	2.78	-	-	-
Other Current Assets	967.23	176.67	174.31	362.9	558.99	366.14
Total Current Assets	5,629	4,271	5,861	7,812	7,921	6,289
Property, Plant & Equipment	1,681	1,702	1,883	2,093	2,229	2,285
Long-Term Investments	95.89	95.89	118.67	305.2	-	-
Other Intangible Assets	242.21	242.35	248.15	259.67	246.9	239.27
Long-Term Deferred Tax Assets	54.98	106.84	83.25	1.67	20.18	7.53
Long-Term Deferred Charges	14.07	14.89	8.4	13.93	18.48	17.3
Other Long-Term Assets	1,335	1,888	832.79	9.06	17.78	93.53
Total Assets	9,052	8,322	9,036	10,495	10,453	8,931
Accounts Payable	1,692	1,133	1,451	2,263	2,154	1,703
Accrued Expenses	45.78	261.28	237.1	274.94	359.73	169.5
Short-Term Debt	-	-	20.01	10.02	7.01	-
Current Portion of Leases	3.75	2.19	8.28	14.29	6.71	8.58
Current Income Taxes Payable	36.39	5	8.89	3.56	52.54	29.57
Current Unearned Revenue	324.65	284.53	445.66	385.57	498.89	446.2
Other Current Liabilities	231.97	126.73	192.75	174.69	157.7	165.1
Total Current Liabilities	2,334	1,813	2,363	3,126	3,237	2,522
Long-Term Leases	6.9	4.12	7.8	9.98	10.42	20.07
Long-Term Unearned Revenue	111.67	121.29	153.72	174.28	207.34	243.95
Long-Term Deferred Tax Liabilities	-	-	4.9	8.33	49.15	18.04
Other Long-Term Liabilities	0.7	0.7	-	-	-	-
Total Liabilities	2,454	1,939	2,530	3,319	3,504	2,804
Common Stock	1,472	1,472	1,486	1,486	1,479	1,479
Additional Paid-In Capital	3,315	3,315	3,393	3,395	3,360	3,360
Retained Earnings	1,609	1,588	1,674	2,301	2,042	1,291
Treasury Stock	-8.59	-8.59	-41.93	-36.74	-	-
Comprehensive Income & Other	210.61	16.21	-2.45	27.97	63.44	-2.89
Total Common Equity	6,598	6,383	6,509	7,174	6,945	6,127
Minority Interest	-	-	-2.73	2.1	4.24	-
Shareholders' Equity	6,598	6,383	6,506	7,176	6,949	6,127
Total Liabilities & Equity	9,052	8,322	9,036	10,495	10,453	8,931
Total Debt	10.65	6.31	36.09	34.29	24.14	28.65
Net Cash (Debt)	2,605	2,156	2,955	3,523	4,273	3,576
Net Cash Growth	207.85%	-27.05%	-16.12%	-17.54%	19.50%	202.41%
Net Cash Per Share	1.77	1.46	2.00	2.38	2.89	2.76
Filing Date Shares Outstanding	1,464	1,464	1,480	1,479	1,479	1,479
Total Common Shares Outstanding	1,464	1,464	1,480	1,479	1,479	1,479
Working Capital	3,294	2,459	3,498	4,686	4,684	3,767
Book Value Per Share	4.51	4.36	4.40	4.85	4.69	4.14
Tangible Book Value	6,356	6,141	6,261	6,914	6,698	5,888
Tangible Book Value Per Share	4.34	4.19	4.23	4.67	4.53	3.98
Buildings	-	-	-	1,126	1,127	1,122
Machinery	-	2,410	2,436	2,482	2,444	2,324
Construction In Progress	-	4.51	4.58	4.41	18.82	29.57

Source: S&P Global Market Intelligence. Standard template. Financial Sources.